Who invested in Udaan

6 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2BInternet

Valuation: $1.8B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$1.3Braised across 6 rounds since 2018, from 6 sources

$50MSeries B$225MSeries C$31MRound$300MSeries D$585MSeries D$114MGrowth

Latest round: Growth, $114MFeb 2025
Biggest round: $585MSeries D · Oct 2019
Investors: 13 (2 led)

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019202020212022202320242025

$50MSeries B$225MSeries C$31MRound$300MSeries D$114MGrowth

First round: Series B, $50M
Biggest round: $585M
Usual gap between rounds: 6 months

The rounds

Feb 2025
Growth$114M1 new2 returning
Source recorded
Oct 2019
Series D$585M5 new3 returning
Reported by TechCrunch
Aug 2019
Series D$300M2 new1 returning
- DST Global
- Altimeter
- Lightspeed Venture Part
Reported by Entrackr
Jul 2019
Round$31M1 new
- Trustroot Internet
Reported by YourStory
Sept 2018
Series C$225M1 new1 returning
- Lightspeed Venture PartnersLead
- DST GlobalLead
Reported by TechCrunch
Feb 2018
Series B$50M3 new
Reported by Economictimes

Founders and team

From Udaan's own website: 4 on the team.

Chaitanya AdapaChief Executive Officer, udaanCapital
Ajeesh P GChief Information Officer, udaan
Abhilash PillaiHead of Product Management - Customer Platform
Siddhartha ReddyHead of Engineering

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series B2018Series C2018Round2019Series D2019Series D2019Growth2025

Lightspeed Venture PartnersL

Hill House CapitalCiti VenturesApoletto

Lightspeed IndiaFootpath Ventures

Everyone who backed them

Lightspeed Venture PartnersVC firm4rounds, led 1

DST GlobalPrivate equity3rounds, led 1

Tengxun TouziVC firm2rounds

AltimeterVC firm2rounds

GGV CapitalVC firm1round

Hill House CapitalFamily office1round

Citi VenturesCorporate VC1round

ApolettoInvestment firm1round

Lightspeed IndiaVC firm1round

Footpath VenturesVC firm1round

Hillhouseno record of our own yet1round

Lightspeed Venture Partno record of our own yet1round

Trustroot Internetno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Udaan as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.